1999 Grand Banks 38 Eastbay HX Boat in Newport, RI 02840 US
Built in 1999
38 Eastbay HX
2 Engines (2x Caterpillar)
38 feet
Diesel
Fiberglass/Reinforced
1999 Grand Banks Eastbay 38HX - Classic Downeast Cruiser with Outstanding Potential
PEARL is a classic 1999 Grand Banks Eastbay 38HX that showcases the timeless lines, respected hull design, and quality craftsmanship that have made the Eastbay series a favorite among knowledgeable boaters. Combining traditional Downeast styling with proven performance and comfortable accommodations, PEARL offers an exceptional platform for coastal cruising.
Powered by twin Caterpillar 3208 TA 375hp diesel engines, PEARL benefits from significant recent mechanical servicing and major component replacements. The Caterpillar 3208 is a well-known and proven marine powerplant, providing a strong match for the performance characteristics of the Eastbay 38HX.
The helm features a traditional, functional layout with straightforward controls and excellent visibility. Equipment includes autopilot, throttle synchronizer, and a Bennett Auto Tab Control system, providing the essentials for comfortable and confident operation underway.
Below deck, PEARL retains the warm and inviting character for which Grand Banks interiors are known, highlighted by classic teak joinery throughout. The U-shaped galley features Corian countertops, a double sink, countertop-access refrigerator, separate dry storage, and an adjacent freezer. A three-burner gas cooktop, convection microwave, and generous overhead storage complete the well-appointed galley.
Opposite the galley, a spacious wraparound settee provides comfortable seating for relaxing or entertaining and converts to an additional berth when needed. The vessel also features a full head with shower, toilet, and sink.
Forward, the primary stateroom offers approximately 6'6" of headroom at the centerline, creating a comfortable and inviting space. An overhead hatch provides natural light and ventilation, while the berth incorporates a removable filler cushion for additional flexibility.
With her unmistakable Eastbay profile, respected Grand Banks pedigree, proven Caterpillar diesel power, and beautifully crafted interior, PEARL represents an excellent opportunity to own one of the most recognizable Downeast-style cruisers of her era. She combines classic styling, comfortable accommodations, and capable performance in a package equally suited for weekend cruising or extended time on the water.
Beautiful teak joinery
L-shaped settee
Up-to-date engine maintenance
- Garmin Electronics
- Simrad AP
- 12 Volt DC
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
Price History
| Date | Event | Price |
|---|---|---|
| 11/7/25 | Initial price | $248,000 |
1999 Grand Banks 38 Eastbay HX Video Tours
Overview from around the web 1999 Grand Banks 38 Eastbay HX
Customers praise the 1999 Grand Banks 38 Eastbay HX for its classic craftsmanship, solid build quality, and timeless design
Owners often highlight its spacious and comfortable interior, making it ideal for extended cruising or liveaboard use. The reliable twin diesel engines receive positive remarks for smooth and efficient performance. Many appreciate the boat's excellent seaworthiness and stable handling in various conditions. Overall, the 38 Eastbay HX is valued for blending traditional style with practical features, offering a luxurious and dependable boating experience.
The Biggest Pros and Cons
The 1999 Grand Banks 38 Eastbay HX is a classic trawler-style yacht known for its timeless design and solid construction. Here are some pros and cons to consider:
Pros
Solid Build Quality: Grand Banks yachts are renowned for their sturdy fiberglass hulls and quality craftsmanship, ensuring durability and long-term reliability.
Comfortable Interior: The 38 Eastbay HX offers a spacious and well-appointed cabin with comfortable sleeping accommodations, a functional galley, and a roomy salon, making it ideal for extended cruising.
Efficient Hull Design: The semi-displacement hull provides a good balance between speed and fuel efficiency, enabling comfortable cruising at moderate speeds.
Flybridge Helm Station: The elevated helm offers excellent visibility and an enjoyable outdoor driving experience.
Good Range: Equipped with sizable fuel tanks, it’s well-suited for longer passages without frequent refueling stops.
Classic Aesthetic: The traditional teak woodwork and classic lines appeal to those who appreciate timeless yacht styling.
Cons
Speed Limitations: As a semi-displacement trawler, the 38 Eastbay HX is not designed for high speeds and typically cruises around 8-10 knots.
Maintenance Requirements: The extensive use of teak and traditional fittings can require ongoing maintenance and upkeep to keep the yacht in top condition.
Older Electronics: Being a 1999 model, onboard electronics and navigation systems may be outdated unless upgraded.
Limited Beam: While spacious for its size, the 38-foot beam may feel a bit narrow compared to more modern designs, affecting interior volume.
Fuel Consumption: While efficient for its class, fuel consumption is higher than planing hull boats at similar speeds.
Made For
The 1999 Grand Banks 38 Eastbay HX is ideal for boating enthusiasts seeking a classic, reliable cruiser that combines timeless craftsmanship with modern comfort. Perfect for those who enjoy coastal cruising, weekend getaways, or extended voyages, this vessel offers spacious accommodations, solid construction, and efficient performance. Whether you're a seasoned mariner or a couple looking for a stylish and comfortable boat to explore the waters, the Grand Banks 38 Eastbay HX provides a versatile and elegant option.
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 1999 Grand Banks 38 Eastbay HX | ||||||
|---|---|---|---|---|---|---|
| Price | $248,000 | $239,000 | $175,000 | $325,000 | $150,000 | $385,000 |
| Location | Newport | Portsmouth | Portsmouth | North Stonington | Bristol | Warwick |
| Nominal Length | 38' | 36' | 42' | 36' | 37' | 49' |
| Engine Make | Caterpillar | Yanmar | Caterpillar | Yanmar | Mercury | Caterpillar |
| Total Engine Power | 375 hp | 420 hp | 300 hp | 440 hp | 380 hp | 660 hp |
| Days on Market | 307 | 298 | 145 | 292 | 521 | 10 |
| Get in touch |
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Address
Boat Location
Contact Boston Yacht Sales about 1999 Grand Banks 38 Eastbay HX
275 River Street, N. Weymouth, MA, 02191
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